Indulge in the opportunity to explore this perfectly positioned a rural opportunity 15kms from Nelson Bay. Nestled approx. 12.3km to Salamander Bay Shopping Precinct, 15km to the heart of Nelson Bay and 23.5km to Williamtown Airport.
This prime rural land offers an unparalleled opportunity for both investors and eager owner occupiers. With its enviable position in Bobs Farm this opportunity combines prime location with innovation and convenience. This residence unquestionably merits a distinguished place on your inspection list.
Property Features Include:
-DA Approved for a 4 Lot Subdivision
-The land size is 22.40HA / 55.35Acres
-Fully Fenced
-Income $500 per week Horse Agistment and House Tenanted $620per week
-2x2 Water Tanks onsite
-Spearpoint pump for Irrigation
-Large 5 Car Shed
-Enclosed Verandah
-DA Approved for a high visibility billboard
-3 Phase Power to house and garaging
Expressions of Interest:
This commercial opportunity is a property that you do not want to miss. For more information or to book your very own private inspection, contact Alex Haxton on 0418 885 262 and Dane Queenan on 0412 351 819.
The size of Bobs Farm is approximately 37.8 square kilometres. It has 7 parks covering nearly 57.8% of total area. The population of Bobs Farm in 2011 was 504 people. By 2016 the population was 463 showing a population decline of 8.1% in the area during that time. The predominant age group in Bobs Farm is 50-59 years. Households in Bobs Farm are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bobs Farm work in a trades occupation. In 2011, 83% of the homes in Bobs Farm were owner-occupied compared with 86.7% in 2016.
Bobs Farm has 410 properties. Over the last 5 years, Houses in Bobs Farm have seen a 90.50% increase in median value, while Units have seen a 34.13% increase. As at 31 October 2024:
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